Ancient Work Ministries Inc
Nonprofit profile at a glance
- EIN
- 454578236
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- Weatherford, TX, USA
- Phone
- 8179380490
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Relief
- Affiliation
- Christianity
Reported finances
- Revenue
- $25,289
- Expenses
- $125,672
- Assets
- $57,072
- Liabilities
- $181
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Ruth W Casey (Director & President)
- J Rick Casey (Executive Director)
- Matthew R Casey (Vice President)
People named in this filing
- Becky Crum (Director)
- Howard Jones (Director)
- Ruth W Casey (Director & President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To utilize all resources available to it to (1) provide financial and ministry support to local churches and ministries who proclaim the Good News of Jesus Christ to the communities they are located in, and serve, (2) to provide benevolence support to qualifying individuals in the North Texas area affected by temporary financial hardship, to provide families a bridge to renewed self sufficiency and (3) to explore and expand into additional ministry opportunities that are presented to Ancient Work Ministries.
What it reported doing in 2024
Provide benevolence support to qualifying individuals in the North Texas area affected by temporary financial hardship, to provide families a bridge to renewed self-sufficiency.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 100
- Sustainability: 20
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 69.6%; rating input score 70
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -396.9%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.45; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -32.7% per year; rating input score 0; 12th percentile among comparable filings
- Revenue growth: -23.2% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: -27.3% per year; rating input score 0; 8th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 69.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $87K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.